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Replies: 18 / Views: 5,439 |
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Pillar of the Community
United States
1959 Posts |
I don't sell coins, but I've accumulated a reasonably large collection over the years. I'm getting older but still enjoy the hobby. More and more I've been reminded our time here on Earth is limited and have toyed around in my mind as to the best way to liquidate my collection (I can't believe I just uttered those words) if I had too or wanted too. I have always told myself, that if I'm in good health and have the time, I would set up at a few coin shows to sell my collection.
I was wandering what everyone's thoughts were about this idea and if anyone else has thought of doing this?
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Pillar of the Community
United States
819 Posts |
Yes I have. But unless you have a large range of grades it probably would not be a thing. I checked into setting up at a few smaller shows table cost were 500-800 I think you would do better selling them here and ebay the rest.
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Moderator
 United States
56855 Posts |
Is there a coin club near you you could join? You can also sell here on CCF. John1 
Edited by John1 10/30/2018 3:44 pm
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Pillar of the Community
United States
4846 Posts |
I think table pricing really depends on where you are located, ive never sold at a table but theres a few clubs that have shows here in south florida and the table fees are only $15 per show. The bigger shows will get much more expensive obviously but for small local shows you can probably get a table for cheap.
If I ever get inventory big enough to justify getting a table id love to try, but for now I just peddle my 20 or so coins a week to the dealers as an attendant
Edited by Adam_E 10/30/2018 4:57 pm
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Rest in Peace
United States
18456 Posts |
$70-$100 a table at small shows by me . Thought about it a few times but I have devoted almost my whole life to my coins ,don't want to see a good portion of them gone in one day . 
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Pillar of the Community
United States
4469 Posts |
I have thought about selling my collection at a coin show. Here were my concerns how do I get locking display cases to house my coins? A knowledgeable person to work with me , so I can take a meal or restroom break. To keep it simple, I would mark the price on each coin 10% above the amount that I would accept. Before the show all worthy coins would need to be sent to a TPG and/or CAC.
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Moderator
 United States
188130 Posts |
I have moved this topic to the main forum so it gets broader attention. 
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Pillar of the Community
 United States
1959 Posts |
Thanks jbuck! I wasnt thinking. 
Edited by jpbone 10/31/2018 10:21 am
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Bedrock of the Community
United States
36724 Posts |
I sold at coin shows for many years. Renting a table is only the start of the cost. You'll need display cases (can't leave coins on a table open to the public), good lighting, cost of travel, food, etc. Best to have someone with you that you trust so that you can take bathroom breaks. Then there is security. If you have anything of great value thieves have been known to follow dealers after the show and hit them when they stop somewhere for food or gas. Your best bet is selling on the Internet, either ebay, eCrater or another such site. It's more cost effective, you'll have a bigger audience, and in the safety of your own home.
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Moderator
 United States
188130 Posts |
Quote: Thanks jbuck! I wasnt thinking. No problem. 
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Pillar of the Community
United States
3843 Posts |
I live fairly close to a monthly show that usually has 20 to 30 dealers setup, most of whom are part-timers and collectors trying to disperse their holdings. I don't know the exact table rates but I'm fairly sure it is in the $50-100 range per table. Often I shocked by how little some dealers have out on their tables (both quantity & quality) but it must work out for them to keep doing it. You will have to decide if you want to sell to dealers at discounted rates or hold out for collectors.
GR58 had a topic on this subject not too long ago I think. You may want to read the insights on that thread.
Edited by Joe2007 10/31/2018 9:16 pm
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CCF Advertiser
United States
1533 Posts |
The case thing is the easiest part of it. Buy them here and they will deliver to your doorstep https://aluminumdisplaycase.com/You will need to price things near greysheet bid or they won't sell. If you have been buying at retail for a long time, this may be a problem. If you have everything locked in cases, you can take bathroom breaks or wander the floor. You will not end up selling out if you have things correctly priced, but of course if you use 1973 pricing on coins because that is when you bought them, the dealers will buy everything you have.
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Moderator
 United States
188130 Posts |
Quote: GR58 had a topic on this subject not too long ago I think. You may want to read the insights on that thread. Here you go... http://goccf.com/t/326995
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Pillar of the Community
United States
837 Posts |
You might very well enjoy setting up a table to sell your coins. Even with the cost of renting a table, buying display cases, travel, etc.... the thrill of being on the other side of the table might be worth the costs. (Selling on-line has costs and takes time too.) So, imagine yourself at a show, behind a table with a beverage in hand. Now imagine listing your coins on-line, taking photos, packing items, etc. I can't say which one is more profitable - but I can ask "Which would you rather do?" Just my Two Cents! And yes - why not do both? Just make sure you update your online sales to reflect anything you sell at a show.
Edited by jeffbuckes 11/27/2018 1:53 pm
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CCF Advertiser
United States
1533 Posts |
In Michigan table costs are about $65/show. I don't see it as do ebay/online or shows. Why not do both?
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Valued Member
United States
372 Posts |
If you have a Local Weekend Flea Market, you can Rent a Table for under $ 20.00 , most likely. Show Cases are Nice for added Security. And Then if you want something extra for easy setup and carrying you might want a Coin Case with tray's. I have seen Dealer spending Hours Setting up and Down at show, The pictured Carrying Case and Trays holds over 300 coins and you can put a Sold Disc in the holder when one is sold, Note : These Trays are Sturdy and not Plastic   
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Replies: 18 / Views: 5,439 |